empty
14.04.2022 05:47 AM
Forecast for AUD/USD on April 14, 2022

Yesterday, the Australian dollar tried to develop a downward movement (which is evident from the long lower shadow), but the overall situation with the US dollar, which fell by 0.48%, did not allow the bears to develop an attack. The Marlin Oscillator is in the negative area, corrective growth does not seem to be pronounced. The target level of 0.7500 will probably not be surpassed, that is, the price will not settle above it.

This image is no longer relevant

The four-hour chart shows a slight convergence of the price with the oscillator, the correction continues to develop. The price is facing strong resistance – the 0.7500/10 range formed by the target level (December 2017 low) and the MACD line. From the specified range, in accordance with the main scenario, we are waiting for a new wave of decline. Consolidating above 0.7510 will open the 0.7558 target – local resistance on April 4 and 6 (marked on the chart).

This image is no longer relevant

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

GBP/USD. Analysis and Forecast

The GBP/USD pair is attracting new sellers following its recent rebound from the 1.3415 level, amid modest gains in the U.S. dollar. However, today, the potential for further downside appears

Irina Yanina 13:24 2025-05-30 UTC+2

Forecast for EUR/USD on May 30, 2025

On Thursday, the EUR/USD pair sharply reversed in favor of the euro and rose into the resistance zone of 1.1374–1.1380. A rebound from this zone favored the U.S. dollar

Samir Klishi 10:58 2025-05-30 UTC+2

Forecast for GBP/USD on May 30, 2025

On the hourly chart, the GBP/USD pair dropped to the 1.3425 level on Thursday, then rebounded and reversed in favor of the British pound. This initiated a growth process toward

Samir Klishi 10:41 2025-05-30 UTC+2

Forex forecast 30/05/2025: EUR/USD, GBP/USD, USD/JPY, SP500, Gold, and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 09:30 2025-05-30 UTC+2

Forecast for EUR/USD on May 30, 2025

Like other anti-dollar currencies, the euro quickly overcame the negative news from the U.S. Court of International Trade and closed the day with a 76-pip gain. This morning, the price

Laurie Bailey 05:26 2025-05-30 UTC+2

Forecast for GBP/USD on May 30, 2025

On Thursday, the British pound reached the target support level of 1.3433, after which it reversed to the upside, closing the day with a 20-pip gain. The Marlin oscillator slowly

Laurie Bailey 05:26 2025-05-30 UTC+2

Forecast for USD/JPY on May 30, 2025

The Japanese yen made a significant move yesterday, falling more than two figures from the day's high to the close. The powerful wave of yen strengthening continues today, starting from

Laurie Bailey 05:26 2025-05-30 UTC+2

Trading Signals for GOLD for May 29-30, 2025: sell below $3,317 (7/8 Murray - 21 SMA)

Early in the American session, gold is trading around 3,314 with a strong technical rebound originating after reaching the 50% Fibonacci retracement. Gold rose sharply after testing

Dimitrios Zappas 15:58 2025-05-29 UTC+2

Trading Signals for EUR/USD for May 29-30, 2025: sell below 1.1360 (21 SMA - 5/8 Murray)

Early in the American session, the euro is trading around 1.1331 and is experiencing a strong technical rebound after reaching the 4/8 Murray level at 1.1230. The euro could rise

Dimitrios Zappas 15:53 2025-05-29 UTC+2

Forecast for EUR/USD on May 29, 2025

On Wednesday, the EUR/USD pair continued to decline and consolidated below the support zone at 1.1260–1.1282. Therefore, today's price drop may continue toward the next Fibonacci retracement level of 23.6%

Samir Klishi 11:15 2025-05-29 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.